Adani Total Gas Limited (ATGL) stands as a prominent Indian firm, founded on August 5, 2005, with a primary focus on crafting City Gas Distribution (CGD) Networks. Its core operation revolves around delivering Piped Natural Gas (PNG) to diverse sectors. Noteworthy cities where ATGL has established its footprint include Ahmedabad, Vadodara, Faridabad, and Khurja.
In collaboration with the Indian Oil Corporation Ltd, ATGL actively participates in expanding gas distribution networks across various cities in India. Formerly known as Adani Gas Limited, the company’s registered office is nestled in Ahmedabad, Gujarat. It boasts an authorized capital of Rs 510.00 crore and a paid-up capital of Rs 109.98 crore.
As of April 1, 2024, Adani Total Gas is trading at ₹929 per share, boasting a market capitalization of Rs. 1,02,183 Crore.
Investor interest in Adani Total Gas stems from its impressive financial performance, characterized by robust revenue and profit growth, along with promising earnings per share. This article delves into Adani Total Gas Ltd.’s potential share price targets spanning from 2024 to 2030, analyzing whether it presents a compelling investment opportunity. Through a thorough examination of its financial data, we aim to uncover the prospects of this esteemed company in the years ahead.
Adani Total Gas Q4 FY24 Results
- Adani Total Gas’s Q4FY24 results demonstrate a notable improvement in profitability and revenue, reflecting its strong business fundamentals.
- The surge in net profit indicates efficient cost management and revenue generation strategies implemented by the company.
- Despite market challenges, Adani Total Gas has effectively navigated the competitive landscape, maintaining its growth trajectory.
- The increase in revenue underscores the company’s ability to expand its customer base and leverage existing infrastructure efficiently.
- Adani Total Gas’s performance highlights its resilience and adaptability in the dynamic energy sector, positioning it favorably for future growth opportunities.
How to purchase Adani Total Gas Ltd shares?
Below are the trading platforms that you can use to purchase Adani Total Gas Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Adani Total Gas Share Price Target: 2024, 2025 to 2030
Adani Total Gas Share Price Target 2024
| When | Maximum Price | Minimum Price |
| May 2024 | 947.84 | 824.21 |
| June 2024 | 981.96 | 853.88 |
| July 2024 | 972.14 | 845.34 |
| August 2024 | 1,011.03 | 879.15 |
| September 2024 | 1,051.47 | 914.32 |
| October 2024 | 1,030.85 | 896.39 |
| November 2024 | 1,072.08 | 932.25 |
| December 2024 | 1,082.80 | 941.57 |
In 2024, Adani Total Gas Limited (ATGL) is anticipated to experience fluctuations in its stock prices. Starting in May, projections suggest that the maximum price for ATGL could reach 947.84, while the minimum price might settle around 824.21. As the months progress, the maximum and minimum prices are expected to fluctuate, reflecting market dynamics and investor sentiment. By December, the maximum price is forecasted to peak at 1,082.80, with the minimum price estimated to stabilize at 941.57.
Adani Total Gas Share Price Prediction 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 1,093.63 | 841.26 |
| February 2025 | 1,104.68 | 849.75 |
| March 2025 | 1,127.88 | 867.60 |
| April 2025 | 1,116.71 | 859.01 |
| May 2025 | 1,084.18 | 833.99 |
| June 2025 | 1,132.97 | 871.52 |
| July 2025 | 1,110.76 | 854.43 |
| August 2025 | 1,145.11 | 880.85 |
| September 2025 | 1,158.85 | 891.42 |
| October 2025 | 1,188.98 | 914.60 |
| November 2025 | 1,218.71 | 937.47 |
| December 2025 | 1,273.55 | 979.65 |
In 2025, Adani Total Gas Limited (ATGL) is expected to witness fluctuations in its stock prices throughout the year. Starting from January, projections indicate that the maximum price for ATGL could reach 1,093.63, while the minimum price may settle around 841.26. As the months progress, both maximum and minimum prices are forecasted to fluctuate, reflecting market dynamics and investor sentiment. By December, the maximum price is projected to peak at 1,273.55, with the minimum price expected to stabilize at 979.65.
Adani Total Gas Share Price Target 2026
| When | Maximum Price | Minimum Price |
| January 2026 | 1,311.76 | 1,009.04 |
| February 2026 | 1,278.96 | 983.82 |
| March 2026 | 1,304.54 | 1,003.49 |
| April 2026 | 1,331.16 | 1,023.97 |
| May 2026 | 1,317.98 | 1,013.83 |
| June 2026 | 1,350.93 | 1,039.18 |
| July 2026 | 1,324.44 | 1,018.80 |
| August 2026 | 1,365.41 | 1,050.31 |
| September 2026 | 1,392.72 | 1,071.32 |
| October 2026 | 1,428.93 | 1,099.17 |
| November 2026 | 1,464.65 | 1,126.65 |
| December 2026 | 1,501.26 | 1,154.82 |
Adani Total Gas Share Price Target 2027
| When | Maximum Price | Minimum Price |
| January 2027 | 1,516.28 | 1,166.37 |
| February 2027 | 1,555.16 | 1,196.27 |
| March 2027 | 1,615.81 | 1,242.93 |
| April 2027 | 1,584.13 | 1,218.56 |
| May 2027 | 1,537.99 | 1,183.07 |
| June 2027 | 1,607.19 | 1,236.30 |
| July 2027 | 1,575.68 | 1,212.06 |
| August 2027 | 1,624.41 | 1,249.55 |
| September 2027 | 1,681.27 | 1,293.28 |
| October 2027 | 1,724.98 | 1,326.91 |
| November 2027 | 1,768.11 | 1,360.08 |
| December 2027 | 1,812.31 | 1,394.08 |
Adani Total Gas Share Price Target 2028
| When | Maximum Price | Minimum Price |
| January 2028 | 1,848.55 | 1,421.96 |
| February 2028 | 1,895.95 | 1,458.43 |
| March 2028 | 1,969.90 | 1,515.30 |
| April 2028 | 1,931.27 | 1,485.59 |
| May 2028 | 1,875.02 | 1,442.32 |
| June 2028 | 1,959.40 | 1,507.23 |
| July 2028 | 1,920.98 | 1,477.67 |
| August 2028 | 1,980.39 | 1,523.37 |
| September 2028 | 2,049.70 | 1,576.69 |
| October 2028 | 2,102.99 | 1,617.69 |
| November 2028 | 2,155.57 | 1,658.13 |
| December 2028 | 2,209.46 | 1,699.58 |
Adani Total Gas Share Price Target 2029
| When | Maximum Price | Minimum Price |
| January 2029 | 2,253.65 | 1,733.57 |
| February 2029 | 2,311.43 | 1,778.02 |
| March 2029 | 2,401.58 | 1,847.37 |
| April 2029 | 2,354.49 | 1,811.14 |
| May 2029 | 2,285.91 | 1,758.39 |
| June 2029 | 2,388.78 | 1,837.52 |
| July 2029 | 2,341.94 | 1,801.49 |
| August 2029 | 2,414.37 | 1,857.21 |
| September 2029 | 2,498.87 | 1,922.21 |
| October 2029 | 2,563.84 | 1,972.19 |
| November 2029 | 2,627.94 | 2,021.49 |
| December 2029 | 2,693.64 | 2,072.03 |
Adani Total Gas Share Price Prediction 2030
| When | Maximum Price | Minimum Price |
| January 2030 | 2,747.51 | 2,113.47 |
| February 2030 | 2,817.96 | 2,167.66 |
| March 2030 | 2,927.86 | 2,252.20 |
| April 2030 | 2,870.45 | 2,208.04 |
| May 2030 | 2,786.85 | 2,143.73 |
| June 2030 | 2,912.25 | 2,240.19 |
| July 2030 | 2,855.15 | 2,196.27 |
| August 2030 | 2,943.45 | 2,264.20 |
| September 2030 | 3,046.47 | 2,343.44 |
| October 2030 | 3,125.68 | 2,404.37 |
| November 2030 | 3,203.83 | 2,464.48 |
| December 2030 | 3,283.92 | 2,526.09 |
As we step into January 2030, the outlook for ATGL’s stock is marked by anticipation and projection. Analysts foresee a promising start, with the maximum price expected to reach 2,747.51, while the minimum price is forecasted to settle around 2,113.47. This sets the stage for a year characterized by market dynamics and investor sentiment. As the months progress, fluctuations in ATGL’s stock prices are anticipated, influenced by a myriad of factors including industry trends, global economic conditions, and company performance. By December, the trajectory appears bullish, with projections indicating a maximum price soaring to 3,283.92
Financial Condition of Adani Total Gas: Last 5 years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Sales + | 1,875 | 1,696 | 3,038 | 4,378 | 4,475 |
| Expenses + | 1,280 | 991 | 2,265 | 3,508 | 3,371 |
| Operating Profit | 595 | 704 | 773 | 870 | 1,104 |
| OPM % | 32% | 42% | 25% | 20% | 25% |
| Other Income + | 44 | 30 | 46 | 54 | 62 |
| Interest | 41 | 40 | 53 | 78 | 111 |
| Depreciation | 51 | 63 | 83 | 113 | 158 |
| Profit before tax | 547 | 631 | 684 | 733 | 896 |
| Tax % | 20% | 25% | 26% | 25.00% | 26.00% |
| Net Profit + | 436 | 463 | 509 | 546 | 668 |
| EPS in Rs | 3.97 | 4.21 | 4.63 | 4.97 | 6.07 |
| Dividend Payout % | 6% | 6% | 5% | 5.00% | 4.00% |
Over the past five years, the company has exhibited a commendable growth trajectory, with sales witnessing a steady climb from 1,875 crore in March 2020 to 4,475 crore in March 2024. Despite fluctuations in expenses, the company’s operational efficiency has notably improved, resulting in a substantial increase in operating profit from 595 crore to 1,104 crore over the same period.
Maintaining a strong profitability stance, the company’s net profit has demonstrated resilience, surging from 436 crore to 668 crore, indicative of its capacity to deliver sustainable returns. Concurrently, earnings per share (EPS) have registered positive growth, ascending from 3.97 to 6.07.
Furthermore, while upholding shareholder dividends, the company is strategically allocating earnings towards future growth endeavors, as evidenced by the gradual reduction in the dividend payout percentage from 6% to 4%.
In essence, the financial data highlights the company’s robust performance, characterized by consistent revenue growth, enhanced profitability, creation of shareholder value, and prudent financial management practices.
FAQS
What is the Adani Total Gas share price target for 2025?
As per our prediction, Adani’s Total Gas share price target for 2025 is expected to be between ₹1,273.55 and ₹833.99.
What is the share price target for Adani Total Gas Ltd for 2030?
Adani Total Gas Ltd is Projected to reach ₹3,283.92 by the end of 2030.
What factors could drive the share price of Adani Total Gas Ltd in the future?
Factors such as revenue growth, profit growth, expansion plans, government policies, and the overall growth of the natural gas industry could drive the share price of Adani Total Gas Ltd in the future.
What is the historical performance of Adani Total Gas Ltd?
Adani Total Gas Ltd has shown steady growth in its revenue and profit in the past few years and has also expanded its operations in various cities across India.
Is Adani Total Gas Ltd a good investment option?
As with any investment, it is important to do your research and analysis before making a decision. However, the article predicts a positive outlook for Adani Total Gas Ltd and its potential for future growth.
What are the risks associated with investing in Adani Total Gas Ltd?
Some of the risks associated with investing in Adani Total Gas Ltd could include changes in government policies, competition from other players in the industry, and fluctuations in natural gas prices.
How can one invest in Adani Total Gas Ltd?
One can invest in Adani Total Gas Ltd by purchasing its shares through a stockbroker or an online trading platform.
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Conclusion:
The current scenario surrounding Adani Total Gas reveals a significant shift in its price-to-earnings (PE) ratio, dropping from a staggering 850 to 153. While this decline signals a correction from its previous overvaluation, the company still appears to be trading at a premium. From my perspective, a fair PE ratio for ATGL would fall within the range of 50 to 70, indicating that the current valuation may still be inflated.
Examining the financial performance of Adani Total Gas from 2020 to 2024 paints a picture of a company that has consistently demonstrated robust growth and stability. With continuous upticks in sales and operating profits, ATGL has showcased its adeptness in seizing market opportunities and delivering strong financial results.
Ultimately, the decision whether to hold Adani Total Gas shares rests with individual investors. However, considering the ongoing valuation concerns and the historical performance of the company, I would personally advise against purchasing ATGL shares at this juncture.
Disclaimer: This article on Adani Total Gas share price prediction, is just an opinion and not an investment advice. Please DYOR before investing. This article is written just for education.
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